201 E. South 1st Street is a 13-unit apartment building located in Johnstown, CO. These units feature a unique mix consisting of (4) 1Br/1Ba units, (6) 2Br/1Ba units, and (3) 3Br/1Ba units. This turn-key investment is in excellent condition and requires little to no capital injection. Current ownership has updated the majority of the electrical panels in the units, installed a new roof and gutters (2017), and recently installed a new boiler. With a history of strong occupancy rates and stable rental income, the property is poised to continue generating consistent cash flow. PROPERTY HIGHLIGHTS: Turn-Key Asset with 12 out of 13 units fully renovated; Updated Windows, Two New High-Efficiency Boilers with Water Storage Tanks (2021), New Exterior Paint (2023) and Landscaping (2024); 13 Surface Parking Spots; In the Heart of Downtown Johnstown with the Ability to Walk to Numerous Restaurant and Retail Stores; Large Storage Units in Basement that Currently Provide Additional Income
Multi-Tenant Investment Industrial Ensemble: Estimated Cap: 7.4%. Available Outside Storage and Industrial Warehouse. Quick and Easy I-25 Access. Located off I-25 East of Loveland and Berthoud.
This 1.7-acre site in Johnstown, Colorado allows for multifamily and commercial developments. It is well-positioned next to the new Johnstown city hall and the Johnstown police department and across the street from the YMCA community center. The site is ideally located for, but not limited to, a coffee shop or gas station.
The median home value in Johnstown, CO is $497,950. This is higher than the county median home value of $480,800. The national median home value is $338,100. The average price of homes sold in Johnstown, CO is $497,950. Approximately 78.54% of Johnstown homes are owned, compared to 21.03% rented, while 0.43% are vacant. Johnstown real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Johnstown real estate agent to arrange a tour today!
Johnstown, Colorado has a population of 16,596. Johnstown is more family-centric than the surrounding county with 47.67% of the households containing married families with children. The county average for households married with children is 38.01%.
The median household income in Johnstown, Colorado is $109,395. The median household income for the surrounding county is $80,843 compared to the national median of $69,021. The median age of people living in Johnstown is 35.1 years.
The average high temperature in July is 90.4 degrees, with an average low temperature in January of 13.5 degrees. The average rainfall is approximately 14.9 inches per year, with 38 inches of snow per year.